Jito Finance sees price surge amid rising Total Value Locked

Jito Finance (JTO) has demonstrated significant on-chain strength, with its token surging approximately 11% recently and achieving a 131% increase over the last 90 days. This growth is supported by a sharp rise in Total Value Locked (TVL), which increased by over $44.12 million to reach $768.78 million.

Protocol earnings also show momentum; Jito has recorded roughly $489,140 in earnings in the first two months of Q3, representing about one-third of its total Q2 earnings of $1.48 million. While perpetual market flows remain positive with steady inflows and a moderately bullish funding rate, increased selling in the spot market presents a potential headwind for sustained price action.